St Peters School

Analysis

St Peters School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1970, 56 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Peters School reported income of $5.2m and spending of $5.6m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $5.2m (-8.8%), an average of -2.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Peters School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include The Horsepark at Woodside Ltd ($5.2m), Gregory House Programs ($5.2m) and Volunteer Center of Santa Cruz County ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $251k (4.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $8.7m against liabilities of $1.6m, net assets of $7.1m. It reported 65 employees.